U.S. retailers continue to show signs of improvement across the
board. According to the National Retail Federation, 2013 ended with a
3.7% increase in sales, and 2014 is predicted to continue the trend with
4.1% sales growth. However, consumer confidence is weakening, with the
Conference Board's index falling more than forecast in February.
This dynamic is interesting. It seems that the improved retail
environment is a direct beneficiary of lending institutions loosening
their requirements, thus simply lending more money to bored consumers to
spend. To put it bluntly, I don't expect the positive retail numbers to
continue for much longer.
(more)
Please share this article
No comments:
Post a Comment